Form 4: SoundHound AI CEO Sells Shares for Tax Obligations

SoundHound AI CEO Keyvan Mohajer sold 138,523 shares of Class A Common Stock for $16.0016 per share to cover tax withholding obligations related to RSU vesting.

Summary

• Keyvan Mohajer, CEO, Director, and 10% Owner of SoundHound AI, Inc. (SOUN), reported a transaction on September 22, 2025.
• Mohajer disposed of 138,523 shares of Class A Common Stock at a price of $16.0016 per share.
• The sale was made to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• These RSUs were granted on multiple dates: July 20, 2022, September 7, 2022, August 3, 2023, August 1, 2024, and July 31, 2025.
• Following this transaction, Mohajer beneficially owns 2,461,267 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is an administrative sale to cover tax obligations upon RSU vesting, which is a routine event for executives and does not reflect a discretionary decision to sell based on company performance or outlook. Therefore, the sentiment is neutral.

Positives

• The underlying vesting of restricted stock units indicates the achievement of performance milestones or continued employment, which is a positive for the executive.

Negatives

• A sale of shares by a CEO, even for tax purposes, can sometimes be perceived negatively by investors, though it is a common administrative practice.

Risks

• No specific risks are detailed in this Form 4 filing beyond the general market perception of insider sales, which is mitigated by the stated tax obligation reason.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The sale reported herein was made to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person on July 20, 2022, September 7, 2022, August 3, 2023, August 1, 2024 and July 31, 2025.

Industry Context

This is a routine insider transaction common across all industries when executives' restricted stock units vest, and they need to cover tax liabilities. It does not reflect specific industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: May observe a reduction in the CEO's direct holdings, but the administrative nature of the sale typically mitigates concerns about management's confidence in the company.

Key Dates

Recommendation

This Form 4 provides information about an administrative insider transaction, specifically a sale to cover tax obligations upon RSU vesting. It does not offer sufficient new information regarding the company's fundamental operations, financial health, or strategic direction to warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate as this filing alone does not provide a basis for a 'buy' or 'sell' decision.

Keywords

SoundHound AI, SOUN, Keyvan Mohajer, Form 4, Insider Transaction, Stock Sale, CEO, Restricted Stock Units, RSU Vesting, Tax Withholding